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Updated over 8 years ago on . Most recent reply

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Muhamed Sarr
  • from Accokeek, Maryland
  • Member since Aug 3, 2016
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Muhamed Sarr's profile image
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Muhamed Sarr
  • from Accokeek, Maryland
  • Member since Aug 3, 2016
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Muhamed Sarr
  • Accokeek, MD
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Mortgage Brokers & Lenders

FHA loan and FHA 203K loan

Muhamed Sarr
  • Accokeek, MD
Posted

Just curious. Is it possible to have both a FHA loan and a FHA 203k loan at the same time?Here is my scenario: I currently own a home which is financed through FHA first time buyer program. I recently found a property that needs repair which I plan to make my primary residence. Is it possible to finance the new property with FHA 203K while still keeping the first home? 

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